Bill Summary
This legislation, called the "Chinese Research Funds Accounting Act," aims to direct the Comptroller General of the United States to conduct a study on Federal funding provided to entities in the People's Republic of China, or those owned or controlled by the Chinese Communist Party. The study will assess the total amount of funding, the number and types of entities receiving the funding, the requirements and monitoring of the funding, and any other relevant data. The Comptroller General will then brief congressional committees on the available data within 120 days and submit a report with their findings within 240 days. The purpose of this legislation is to gain a better understanding of the funding provided to Chinese entities and to ensure transparency and accountability in the use of these funds.
Possible Impacts
1. This legislation could affect researchers and scientists who receive federal funding for their work, as it requires a study to be conducted on the total amount of federal funding made available to covered entities for research. This could lead to changes in the requirements and processes for receiving and using this funding.
2. The legislation could also impact individuals and organizations located in the People's Republic of China or majority owned or controlled by the Chinese Communist Party, as they are considered covered entities and could face increased scrutiny and monitoring of their use of federal funding.
3. The reporting and briefing requirements outlined in the legislation could also affect members of the congressional committees specified, as they will be responsible for reviewing and acting on the information provided by the Comptroller General.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8058 Introduced in House (IH)]
<DOC>
116th CONGRESS
2d Session
H. R. 8058
To direct the Comptroller General of the United States to conduct a
study on certain Federal funding made available to entities located in
the People's Republic of China or majority owned or controlled by the
Chinese Communist Party, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
August 14, 2020
Ms. Stefanik (for herself and Mr. Gonzalez of Ohio) introduced the
following bill; which was referred to the Committee on Science, Space,
and Technology
_______________________________________________________________________
A BILL
To direct the Comptroller General of the United States to conduct a
study on certain Federal funding made available to entities located in
the People's Republic of China or majority owned or controlled by the
Chinese Communist Party, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Chinese Research Funds Accounting
Act''.
SEC. 2. STUDY AND REPORT.
(a) Study.--The Comptroller General of the United States shall
conduct a study on Federal funding made available to covered entities
for research during the study period.
(b) Matters To Be Included.--The study conducted under subsection
(a) shall include, to the extent practicable with respect to the study
period, an assessment of--
(1) the total amount of Federal funding made available to
covered entities for research;
(2) the total number and types of covered entities to whom
such funding was made available;
(3) the requirements relating to the awarding, tracking,
and monitoring of such funding;
(4) any other data available with respect to Federal
funding made available to covered entities for research; and
(5) other matters the Comptroller General determines
appropriate.
(c) Briefing on Available Data.--Not later than 120 days after the
date of enactment of this Act, the Comptroller General shall brief the
Committee on Science, Space, and Technology and the Committee on
Foreign Affairs of the House of Representatives and the Committee on
Commerce, Science, and Transportation and the Committee on Foreign
Relations of the Senate on the data that is available with respect to
Federal funding made available to covered entities for research.
(d) Report.--Not later than 240 days after the date of enactment of
this Act, the Comptroller General shall submit to the congressional
committees specified in subsection (c) a report on the findings of the
study conducted under subsection (a).
(e) Definitions.--In this section:
(1) Covered entity.--The term ``covered entity'' means an
entity--
(A) located in the People's Republic of China; or
(B) majority owned or controlled by the Chinese
Communist Party.
(2) Study period.--The term ``study period'' means the 5-
year period ending on the date of enactment of this Act.
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